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Give Me 14 Minutes and I'll Make You Dangerously Good at Marketing — Transcript

by Vishen · 2,486 words · 382 segments · language en · Watch on YouTube

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  1. 0:00This is the single biggest marketing
  2. 0:01mistake that experts are making. And
  3. 0:03when you understand this, you're going
  4. 0:05to be able to make a massive leap in
  5. 0:07your sales. And it has [music] to do
  6. 0:09with the Gillette razor. This is the
  7. 0:11Gillette Fusion 5 ProGlide. It's a
  8. 0:13ridiculously expensive razor, but the
  9. 0:15reason I still buy these ridiculously
  10. 0:17overpriced razors is because I'm afraid
  11. 0:19that if I buy a non-Fusion 5,
  12. 0:22non-ProGlide
  13. 0:23razor,
  14. 0:24I might nick myself and be found dead,
  15. 0:28naked, bleeding on my bathroom floor,
  16. 0:30all because I was too cheap to buy this.
  17. 0:33[music] Gillette is one of the most
  18. 0:35brilliant marketing companies in the
  19. 0:37world. But what they've done is actually
  20. 0:40a model established by a copywriter
  21. 0:43called Eugene Schwartz in his book
  22. 0:45Breakthrough Advertising. My god, once
  23. 0:48you see this model, you're going to
  24. 0:50understand why you might be selling the
  25. 0:54wrong feature to the wrong audience.
  26. 1:00My name's Vishen Lakhiani, and I've
  27. 1:01helped build up over a hundred personal
  28. 1:03growth brands. Mindvalley, Wildfit,
  29. 1:05Lifebook, huge personal brands like Jim
  30. 1:08Kwik, Marisa Peer, Regan Hillyer, my own
  31. 1:10brand at up my peak doing over a hundred
  32. 1:13million in revenue. And I'm going to
  33. 1:14show you what we can learn from Eugene
  34. 1:17Schwartz, market sophistication, and
  35. 1:20razor blades to instantly correct your
  36. 1:23marketing. Now, here's what's strange.
  37. 1:25In 1903, Gillette's whole pitch was
  38. 1:28basically two words, "Shave yourself."
  39. 1:31Check out this old ad. You don't need a
  40. 1:32barber anymore. You see, back then, men
  41. 1:35had to go to other men called barbers to
  42. 1:37get shaved. Gillette's claim, "You don't
  43. 1:39need a barber anymore. Just shave
  44. 1:41yourself." And more than a hundred years
  45. 1:43later, they ran one of the most talked
  46. 1:45about ads they've ever made, and there
  47. 1:47is no razor in it. Same company, same
  48. 1:50basic product. Check out the new ad.
  49. 1:54>> Bullying.
  50. 1:54>> The Me Too movement against sexual
  51. 1:56harassment.
  52. 1:56>> masculinity.
  53. 1:58>> Is this the best a man can get?
  54. 2:01>> [music]
  55. 2:03[cheering]
  56. 2:04>> Is it?
  57. 2:08Because the boys watching today
  58. 2:12will be the men of tomorrow.
  59. 2:16>> Notice, it's all about masculinity,
  60. 2:20nothing about razors.
  61. 2:22Two different ads, over 100 years apart.
  62. 2:25What happened in advertising? See, what
  63. 2:27happened in between is a pattern every
  64. 2:30market goes through in five levels. And
  65. 2:33if you sell anything, you need to know
  66. 2:35which level your market is at before you
  67. 2:37write a single word. Because if your
  68. 2:40headline is written for the wrong level,
  69. 2:42it doesn't matter how good the product
  70. 2:44is. Nobody gives a damn.
  71. 2:47Every single product goes through five
  72. 2:49levels of what Eugene Schwartz calls
  73. 2:52market sophistication.
  74. 2:55Now, observe the evolution of the
  75. 2:56Gillette ad, and this is going to start
  76. 2:58becoming clear to you. This, my friends,
  77. 3:01is one of the biggest marketing lessons
  78. 3:02I've ever learned. When a product first
  79. 3:04reaches a market, that's level one. The
  80. 3:06product is new and nobody else is saying
  81. 3:08it. You lead with the product's benefit.
  82. 3:10So, Gillette's early ads were simple,
  83. 3:13"Shave yourself." You don't need to say
  84. 3:15anything else. But then, something
  85. 3:17happens.
  86. 3:18People started copying Gillette. Soon,
  87. 3:21razors that you could use at home were
  88. 3:23everywhere. Other competitors had it.
  89. 3:26So, Gillette, rather than just lead with
  90. 3:28a single benefit, had to move to level
  91. 3:31two. One benefit isn't going to make you
  92. 3:33stand out, you need to stack different
  93. 3:35benefits. So, Gillette was no longer
  94. 3:37about shaving yourself. The ads looked
  95. 3:39like this. Notice this ad, it was "Shave
  96. 3:41yourself and be good-looking, so you
  97. 3:43find a different mate and can produce
  98. 3:45children, you ruffian." And that worked.
  99. 3:48Right until everyone started copying
  100. 3:51that, too. Another copying could take 5
  101. 3:53years, could take 10 years. It depends.
  102. 3:55It's market sophistication. As the
  103. 3:57market gets more sophisticated on the
  104. 3:59idea of the razor, you stack two
  105. 4:03benefits. But at a certain point, you
  106. 4:05hit level three. At level three, people
  107. 4:07understand the benefits of the razor.
  108. 4:09Shave yourself at home.
  109. 4:11Look pretty. Look handsome. Find a mate.
  110. 4:14Now, something different happens.
  111. 4:17Companies that still talk about just
  112. 4:20shaving yourself and looking good don't
  113. 4:23get sales because duh, it's obvious.
  114. 4:26Level three is when you bring in a
  115. 4:28unique invention. Eugene Schwartz called
  116. 4:30this a mechanism. Now, for Gillette,
  117. 4:33check out this ad and tell me if you can
  118. 4:35detect the mechanism. This ad
  119. 4:37brilliantly articulates the mechanism.
  120. 4:39It's a baby shaving. See, Gillette
  121. 4:42invented the safety razor. No more
  122. 4:44blood. Shave yourself, look good, don't
  123. 4:47cut your face up.
  124. 4:50This is level three. When everyone else
  125. 4:52has the benefit, the benefit stops being
  126. 4:54new. You now come up with a mechanism.
  127. 4:58Now, this happened in cars as well. Cup
  128. 5:00holders. Cup holders was a mechanism.
  129. 5:03Sounds simple, but the first car that
  130. 5:06introduced the cup holder, it was novel.
  131. 5:08It grabbed attention. Now, every car has
  132. 5:11a cup holder. When I get in an Uber and
  133. 5:13it doesn't have a cup holder,
  134. 5:15I am so pissed because I always travel
  135. 5:17with my portable cup of coffee. Cup
  136. 5:19holders become a mechanism that gets
  137. 5:21copied everywhere. And safety razors got
  138. 5:25copied too. This is when you hit level
  139. 5:28four. Level four is when it's not just
  140. 5:31about a mechanism, it's about multiple
  141. 5:33mechanisms. And this is where things get
  142. 5:35little ridiculous. Everybody now has a
  143. 5:37safety razor, so you start competing by
  144. 5:40stacking mechanisms. And that's how you
  145. 5:42end up with the Gillette Fusion ProGlide
  146. 5:45with self-lubricating strips with shiny
  147. 5:49grip handles, with aloe vera fragrance,
  148. 5:53with a back scratcher.
  149. 5:55It gets ridiculous. And this is where
  150. 5:57the race gets silly. So silly that it's
  151. 6:00laughable. In 2012, a guy named Michael
  152. 6:03Dubin put out this video.
  153. 6:05>> And do you like spending $20 a month on
  154. 6:07brand name razors? 19 go to Roger
  155. 6:09Federer.
  156. 6:10I'm going to tennis. And do you think
  157. 6:13your razor needs a vibrating handle, a
  158. 6:15flashlight, a back scratcher, and 10
  159. 6:17blades? Your handsome ass grandfather
  160. 6:20had one blade and polio.
  161. 6:23Looking good, pop up.
  162. 6:25We are dollarshaveclub.com
  163. 6:27and the party is on.
  164. 6:34>> [music]
  165. 6:39>> Literally mocking Gillette. He took a
  166. 6:41simple idea,
  167. 6:42razors by mail, cheaper than Gillette,
  168. 6:44and turned it into Dollar Shave Club, a
  169. 6:45billion-dollar company. And notice what
  170. 6:47he didn't do. He didn't join the blade
  171. 6:49race. He made fun of it.
  172. 6:52His mechanism was humor.
  173. 6:54Michael Dubin was actually bringing in
  174. 6:55stage five. Stage five is all about
  175. 6:59emotion. He led a rebellion against the
  176. 7:01overpriced Gillette razors, and Dollar
  177. 7:03Shave Club went on to become a
  178. 7:05billion-dollar company.
  179. 7:06You see, after everyone is playing with
  180. 7:08mechanisms, something else happens.
  181. 7:12Stacking on different mechanisms starts
  182. 7:15becoming pointless. This is why no one
  183. 7:17here can probably understand what a
  184. 7:19Fusion 5 ProGlide is. I still don't
  185. 7:22know, but I'm paying big bucks for it.
  186. 7:24And this is why Gillette hit back with
  187. 7:27stage five type marketing, which is all
  188. 7:30about emotion. It launched its ad on
  189. 7:33masculinity. It reminded the world about
  190. 7:36its history. Eventually, Gillette came
  191. 7:39back. It crushed Dollar Shave Club.
  192. 7:41Dollar Shave Club
  193. 7:43as cheap as the product was, simply
  194. 7:45couldn't compete. They didn't have the
  195. 7:48uh the supply lines, they didn't have
  196. 7:49the history, and frankly the marketing
  197. 7:52budget of Gillette. Let's look at this
  198. 7:54from the perspective of cars. Every car
  199. 7:56now has a cup holder. Every car has four
  200. 7:58wheels and a steering wheel and
  201. 7:59navigation. Nobody buys a car because it
  202. 8:02has a steering wheel. Cars are now sold
  203. 8:04at level five. It's about emotion. This
  204. 8:07is why car ads tap into your identity.
  205. 8:11The Volvo, its identity is I care about
  206. 8:14my family. I want them to be safe. The
  207. 8:16BMW, the ultimate driving machine. Level
  208. 8:18one tells you what a product does.
  209. 8:20Level five doesn't mention the product
  210. 8:22at all or hardly. It tells you who you
  211. 8:26are when you buy it. Now, here's the
  212. 8:28good news. Unless you're selling razors
  213. 8:30or laptops or cars, you almost certainly
  214. 8:32don't need to think worry about level
  215. 8:34five. But you probably need level three
  216. 8:36or four. And I bet a lot of you are
  217. 8:38still writing at level one. The simple
  218. 8:40change you can make is to swap your
  219. 8:43headline and your sub headline. And this
  220. 8:45is what Eugene Schwartz suggest. I want
  221. 8:47to show you the first Mindvalley
  222. 8:48website. This is 2003. So, here's the
  223. 8:50rules tonight. Write this down. In an
  224. 8:52early market, the benefit is your
  225. 8:54headline, the mechanism is your sub
  226. 8:56headline. That's level one and two. But
  227. 8:58when you get to a crowded market, level
  228. 9:00three or four, you flip it. You lead
  229. 9:02with the mechanism and the benefit goes
  230. 9:04underneath. So, let's look at meditation
  231. 9:06as an example. In the early days of
  232. 9:09meditation, which was roughly 2003 to
  233. 9:11around 2010, you would start any
  234. 9:14meditation product with the benefit.
  235. 9:16That's why our early website says, "Why
  236. 9:18do some people stumble and crawl while
  237. 9:19others have it all?" This headline
  238. 9:21crushed it for me. But this headline
  239. 9:23worked in the early days of meditation.
  240. 9:26Below, we mention the mechanism, Silva
  241. 9:28Ultramind, the process refined for
  242. 9:30decades by Jose Silva. But today, we
  243. 9:32flip it around. We start with Silva
  244. 9:35Ultramind because everybody knows about
  245. 9:36the benefits of meditation. It's been
  246. 9:38sold and sold and sold. It's now
  247. 9:40obvious. You start with the mechanism.
  248. 9:43Why is this meditation tool different?
  249. 9:46Sound technology, binaural beats, a
  250. 9:48special sequence, and then you lead with
  251. 9:50the benefits. By getting this, you
  252. 9:53alleviate stress, you create clarity of
  253. 9:55thinking, you sleep better, and so on.
  254. 9:57Why do we keep buying ProGlide when we
  255. 9:59can't tell you what it is? Because in a
  256. 10:02level four market, the name of the
  257. 10:03mechanism is the reason we trust it. We
  258. 10:06don't need to understand it. We just
  259. 10:08need to believe that there's a how.
  260. 10:10There's a unique edge. There's an
  261. 10:11innovation. And that is exactly what
  262. 10:14your headline is meant to do. So, let's
  263. 10:16take a real category and run it through
  264. 10:18all five. Let's look at leadership
  265. 10:20coaching. Maybe the late '90s. What
  266. 10:22would happen is that you would start
  267. 10:24with the benefit, become a better
  268. 10:26leader, and then below that you might
  269. 10:28have a mechanism with name of person's
  270. 10:31patented leadership coaching
  271. 10:33methodology. Okay? That's a typical '90s
  272. 10:36ad. But as more and more competitors
  273. 10:37come in for leadership coaching, there's
  274. 10:39at least a thousand leadership coaching
  275. 10:40organizations right now, you swap. The
  276. 10:43headline should lead with the mechanism.
  277. 10:47The headline should be, and I'm just
  278. 10:49pulling this out of the air, okay? As an
  279. 10:51example.
  280. 10:52Become a leader who scales your
  281. 10:54organization with AI using the Impact
  282. 11:00Method of AI-enabled leadership. Did you
  283. 11:03see that? There were multiple mechanisms
  284. 11:05in there, because that's level four.
  285. 11:06Impact Method, AI. And then the benefit
  286. 11:10below might be a sub-headline that says,
  287. 11:12"Get more out of your people. Become a
  288. 11:14sought-after leader." Right? Simple. So,
  289. 11:18you can apply this to pretty much any
  290. 11:21field. Most of you are at level three or
  291. 11:22four, but you are selling at level one.
  292. 11:25You're leading with the benefit, not the
  293. 11:26mechanism. And that's a big reason why
  294. 11:29you're not getting any sales. You're
  295. 11:31bringing a knife to a gunfight. Now,
  296. 11:34don't bring the benefit into the battle.
  297. 11:36I need you to bring the mechanism. You
  298. 11:38need your mechanism, you need a name for
  299. 11:40it, you need a brandable idea. And I
  300. 11:42want to say one more thing because you
  301. 11:44wouldn't believe how many authors I see
  302. 11:46get this wrong. They've written a good
  303. 11:48book or built a good program and it
  304. 11:49doesn't sell. And the obvious conclusion
  305. 11:52is that something's wrong with their
  306. 11:53work. A lot of time, the work is fine.
  307. 11:56The headline was written for a market
  308. 11:57that has already moved on and that's a
  309. 11:59much easier thing to fix. You don't need
  310. 12:02a new product, you need to find out what
  311. 12:04your people have already heard. So,
  312. 12:06here's what I want you to do. Take the
  313. 12:08headline you're using right now on your
  314. 12:10website, your book, your sales page,
  315. 12:12whatever people see first and write it
  316. 12:14in four ways. Level one, the simple
  317. 12:16benefit. Level two, a second benefit on
  318. 12:18top. Level three, your mechanism with a
  319. 12:20name. Level four, your mechanism with
  320. 12:22everything stacked on it. Four lines,
  321. 12:25you can skip five. Then ask one
  322. 12:27question. How many other people are
  323. 12:30already promising my benefit? If it's a
  324. 12:32handful, you can stay at one or two. If
  325. 12:36it's a thousand, wow, you belong at
  326. 12:38stage three or four. And I want you to
  327. 12:39put two numbers in the comments, the
  328. 12:41level your market is at and the level
  329. 12:43your headline is written at, like four
  330. 12:45and one.
  331. 12:46If these two numbers don't match, you've
  332. 12:48just found out why your sales might be
  333. 12:50stuck. Gillette has been selling the
  334. 12:52same basic thing for over a hundred
  335. 12:54years, a sharp edge on a handle. What
  336. 12:57changed was what the people listening
  337. 12:58had already heard. So, before you write
  338. 13:00your next word, find out what your
  339. 13:02people have already heard. Now, to make
  340. 13:04this easy for you, I created a simple AI
  341. 13:07skill that you can put in your Claude or
  342. 13:10ChatGPT,
  343. 13:11give it your webpage, and it'll run an
  344. 13:13analysis for you. This is what that
  345. 13:15skill looks like and this is an output
  346. 13:17of the skill. I'm going to give you this
  347. 13:19skill. All you got to do to get access
  348. 13:21to the skill is subscribe to this
  349. 13:23channel and then go to the link in the
  350. 13:26description and sign up for my email
  351. 13:30newsletter. That's it. We send out one
  352. 13:33to two fascinating videos every single
  353. 13:35week to help you become better at being
  354. 13:37an expert and authority. You're going to
  355. 13:39get the skill. Thank you for joining.
  356. 13:41Now, I also want you to hit subscribe
  357. 13:42and sign up because I'm going to be
  358. 13:44releasing a new video and the new video
  359. 13:46is going to cover this. Let's say you
  360. 13:49identify that you need a mechanism. How
  361. 13:51do you find the right name? You see,
  362. 13:53there was a science that Gillette used
  363. 13:56to come up with the word Fusion 5 and
  364. 13:58ProGlide. Okay, it's called phraseology.
  365. 14:01It's a naming technique. I've used
  366. 14:03phraseology to create best-selling
  367. 14:05books. For example, my meditation
  368. 14:08process is called the Six Phase
  369. 14:10Meditation. It's not called meditation
  370. 14:13or morning meditation, it's called Six
  371. 14:15Phases. There's a curiosity that is
  372. 14:17aroused. You want to understand what are
  373. 14:19the Six Phases? All of this is part of
  374. 14:22naming and phraseology, a very important
  375. 14:25skill that experts need to learn.
  376. 14:27And our next video is going to cover
  377. 14:29just that. I've been doing this for 22
  378. 14:31years. I've built up so many brands and
  379. 14:33right now, I'm just really excited about
  380. 14:35sharing this knowledge with the rest of
  381. 14:36you because the world needs more people
  382. 14:39spreading enlightened ideas.

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